British equities rose on Friday and were set for weekly gains, led by metal miners, while data showed that the economy grew for a second straight month in February, on course to exit a shallow recession.
The exporter-heavy FTSE 100 (.FTSE), was up 1% as of 0811 GMT, and the mid-cap FTSE 250 index (.FTMC), rose nearly 0.9%. Both indexes are on track to notch weekly gains.
Industrial metal miners (.FTNMX551020), advanced 3%, tracking higher metal prices in Shanghai as funds pumped money into commodities, including metals to hedge against rising inflation.
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